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On March 22, Elon Musk held a press conference to announce Project Terafab, a grand plan aimed at eventually manufacturing its own chips for robotics, artificial intelligence, and space data centers. The project will be based in Austin and jointly operated by Tesla and SpaceX. Musk stated that he will first build an "advanced technology wafer fab" in Austin, equipped with the full suite of equipment needed to manufacture and test various types of chips. Musk said that although the semiconductor industry is increasing production, its pace of development is still not meeting his anticipated chip demand. "This pace is far below our expectations," Musk said. "Either we build a terawatt-scale factory, or we dont have any chips available, and we need these chips, so were building a terawatt-scale factory." Musks project aims to support 1 terawatt of computing power annually in the future.According to Al Jazeera: The Israeli military reports a new round of missile attacks by Iran.On March 22, Apple CEO Tim Cook, in an interview with the media in Beijing, said that the development of Chinas robotics industry is impressive. Speaking about the opportunities in China during the 15th Five-Year Plan period, he expressed great anticipation for artificial intelligence (AI) and eagerly awaited the next developments in the field.March 22nd - A new round of refined oil price adjustments will take place in China at midnight on March 23rd. According to Longzhong Information, the expected increase is around 2000 yuan/ton. For a 70-liter fuel tank, filling up a car will cost approximately 106 yuan more. For a 50-liter tank, the increase is expected to be around 75 yuan more. This will mark the fifth consecutive price increase this year, potentially the largest increase this year. However, the final adjustment amount will depend on the official data released by the National Development and Reform Commission that evening.On March 22, Hong Kong Financial Secretary Paul Chan Mo-po stated that during his recent visit to Beijing, he met with several central government ministries and financial regulatory agencies. They engaged in in-depth discussions on the macroeconomic situation, the current state and development of the financial market, and how Hong Kong can better play its role in the new phase of the nations 15th Five-Year Plan. Chan and his delegation deeply appreciated the concern, understanding, and support shown by the various ministries and agencies for Hong Kongs situation. They also realized the need for a more accurate understanding of the nations development direction, key areas, and strategies in order for Hong Kong to accelerate its integration into and serve the overall national development strategy, and to maximize its own advantages.

Coinbase NFT Beta Goes Live With No Transaction Fees

Cameron Murphy

Apr 21, 2022 09:41


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NFT is now available to Coinbase users

Coinbase NFT, which is based on the Ethereum network, already has a number of NFT collections available, including Cool Cats and Doodles, both of which have a floor price of 19.99 ETH (61.2k) and 10 ETH (30.6k), respectively.


Because this is a beta, Coinbase has announced that they will not be charging transaction fees for a short time, but when they do, they will be in line with industry norms. 


"We're beginning with a select group of beta testers who'll be invited depending on their place on our waitlist," the release said. We'll begin at the top of the queue and gradually provide access to additional folks. Beta testers will be able to establish a Coinbase NFT profile and use any self-custody wallet to purchase and sell NFTs, whether it's Coinbase Wallet or something else."


Coinbase will also work to establish a strong NFT community on the platform itself, enabling users to remark on collections and starting a dialogue where artists and collectors can connect.


Drops, minting, token-gated communities, and the ability to purchase NFTs using a Coinbase account or a credit card will all be added to Coinbase NFT in the future. In the future, the marketplace will include support for additional blockchains, decentralizing the whole platform.

Not on the Charts, but on the Cards is Coinbase.

While the news is a significant step forward for the cryptocurrency exchange, the price of its token has not reflected this. Intraday pricing saw Coinbase trading at $147 at the time of writing, down 4.47 percent from its starting price of $154.


While there is still time until the market closes and if the story gains traction, prices may recover and even record gains, for the time being, Coinbase NFT has failed to impress stock market investors.